Xenia, OH—45385
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Xenia, OH
Home Price Trends — Xenia, OH
Xenia, OH lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $243,000 | 3.0% |
| Single Family | $244,000 | 3.4% |
| Condos | $241,000 | 6.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $98,000 | -2.0% |
2 Bed | $151,000 | 4.1% |
3 Bed | $220,000 | 3.8% |
4 Bed | $377,000 | 3.6% |
| 5 Bed | $534,000 | 3.7% |
% of Housing Stock
Rental Trends — Xenia, OH
As of July '25, Rentcast reports the average rent in Xenia, OH is $1,350, with a year-over-year rent change of 12.5%. Per bedroom, the median rent as of July '25 in Xenia, OH is studios: $735, 1-bedrooms: $806, 2-bedrooms: $1,040, 3-bedrooms: $1,700, 4-bedrooms: $2,280. The most common rental property sizes in Xenia, OH are 2-bedroom and 3-bedroom, accounting for 37.8% and 32.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,120 | $1,350 |
| Studio Rent | $735 | $735 |
| 1 Bed Rent | $750 | $806 |
| 2 Bed Rent | $1,000 | $1,040 |
| 3 Bed Rent | $1,580 | $1,700 |
| 4 Bed Rent | $2,500 | $2,280 |
% of Rental Stock
Property Listings — Xenia, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Xenia, OH is 37. This is a increase of 10.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $297,000 | 8.0% |
Listing Count | 128 | -15.0% |
| Listings as % of Homes | 0.4% | -15.0% |
Days on Market | 37 | 10.0% |
Demographics — Xenia, OH
As of the latest ACS Survey released in 2023, Xenia, OH has a population of 40,100, which has increased by 3.7% over the past 5 years. Xenia, OH is a moderately popular place for families, as children make up 23.1% of the population. The area has a moderately educated workforce, with 30.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 40,100 | 3.7% |
% Under 18 | 23.1% | 5.0% |
% Seniors | 18.8% | 1.6% |
% WFH | 8.9% | 169.7% |
% w/ College Degree | 30.7% | 16.7% |
As of the latest ACS Survey released in 2023, Xenia, OH is a predominantly white area, with 83.5% of the population identifying as white. The white population has remained stable in the last 5 years. The second most common race or ethnicity in Xenia, OH is black, making up 6.0% of the population. Foreign-born residents account for 3.1% of the population in Xenia, OH, and this percentage has increased by 40.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 83.5% | 0.0% |
% Black | 6.0% | -41.2% |
% Hispanic | 2.3% | 4.5% |
% Asian | 2.3% | 283.3% |
% Foreign Born | 3.1% | 40.9% |
Mortgage and Risk — Xenia, OH
According to HUD data as of 2023, there were 827 mortgage originations in Xenia, OH, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Xenia, OH. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 827 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Xenia, OH
As of 2024, the percent of homes in Xenia, OH under the Section 8 program is 22.6%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Xenia, OH, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,166 |
Total Units Section 8 | 1,061 |
% Rentals under Section 8 | 22.6% |
% Occupied Section 8 | 93.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $50 | $750 | $800 |
| 2 Bedroom | $20 | $1,000 | $1,020 |
| 3 Bedroom | -$260 | $1,580 | $1,320 |
| 4 Bedroom | -$1,040 | $2,500 | $1,460 |
Affordability — Xenia, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $243,000 |
| Median Household Income | $75,300 |